????Charlie Gruber Real Estate Update – November 2024
Charlie Gruber - Realtor ??
Real Estate Agent based in Golden, Co | Denver Residential real estate | 2004 USA Olympian
Happy Thanksgiving!
This Thanksgiving, I’m grateful for the trust and support of my clients, partners, and the Denver community. As the year winds down, the real estate market offers opportunities for both buyers and sellers: motivated buyers are seeking homes before year-end, and well-priced properties continue to sell briskly even during the holiday season. If you’re considering a move or curious about your home’s value, let’s connect—I’m here to help.?
Wishing you and your loved ones a joyful and warm Thanksgiving!
-Charlie
Oh, by the way... I'm never too busy for your referrals!
Investment Property of the Month
Duplex located in Golden.? At list price this property about breaks even. If able to secure at $1,000,000 then estimated return about a 3.5%. Not a great initial return but if able to hold for 5 years the estimated returns move toward 8% and then by year 10 over 13%. See Long Term Projections section in below link for full details.
Certainly a long-term play but great location that will continue to improve.
Another great strategy would be to live in one side of property and rent out the side.
Should You Sell Your House or Rent It Out?
Ready to move on from your current house but don’t know if you should rent it out or sell it?
It’s a decision more homeowners are thinking about. Ultimately, the choice is a personal one and should align with your lifestyle goals and financial situation.
Message me and I can help walk you through the pros and cons of renting your house versus selling it and offer advice about the best fit for you.
Rate Buydowns: How offering an incentive to buyers can be a massive win for sellers
With rates having climbed so quickly, crafting a deal that works for both buyers and sellers has become my specialty. Take a look at a tactic I like to use called a “Seller Buydown”. This tactic helps ensure that a buyer gets the rate and payment they want, while also making sure the seller gets their full price offer.
Latest Interest?Rates
I work some great local lenders.? Please reach out if need a referral to?lender.
Market Data
See below for town specific data. Please reach out if interested in other towns, zip codes or even specific neighborhood. Can also break down date by characteristic such as bedroom count.
Real Estate News
Buyer/Seller Guides
Thanks and see you next month!
– Charlie